Plan Ledger DOL Form 5500 · updated monthly

The Pearson Companies, Inc.benefits

The Pearson Companies, Inc Health and Welfare Plan · RICHMOND, VA · plan year 2024

Broker compensation reported · 2024
$63,533

The Pearson Companies, Inc.'s benefits plans covered 488 active participants in 2024, providing health · life · dental · vision · short-term disability. Insurance premiums totaled $182,648. Insurance brokers and agents were paid $63,533 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 34.8% of premiums. That is $130 per covered person, below the median for employer plans that report broker pay. Broker pay fell 1.2% from $64,317 in 2023.

Insurance contracts · 20244
DELTA DENTAL OF VIRGINIA · dental$183K · 575 covered
ANTHEM HEALTH PLANS OF VIRGINIA · stop-losspremiums n/a · 488 covered
HARTFORD LIFE AND ACCIDENT · life std ltdpremiums n/a · 185 covered
VSP · visionpremiums n/a · 304 covered
Brokers & agents paid · 20243
THE HILB GROUP OF MARYLAND LLC$29,333 · incl $651 fees
MANAGED BENEFITS, INC.$21,908
MANAGED BENEFIT, INC.$12,292
Also brokered by The Hilb Group of Maryland LLC5
Qps, LLC DE$193,596

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 541299872 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.